Jun 5, 2026

Michael Saylor blames AI boom for Bitcoin’s weakness: ‘This is capital rotation’ 

Here's why an analyst believes BTC could breach the $60K support.

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Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?

While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point.

June 5, 2026, 8:00 am
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Here's what could happen if bitcoin breaks below $60,000

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.

June 5, 2026, 7:52 am
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Latest Articles

Bitcoin ETF Outflows Hit 13-Day Streak as $4.3 Billion Exits the Funds

Spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded 13 consecutive days of net outflows from May 15 to June 3, the longest such streak since the products launched in early 2024. The funds shed $4.33 billion and 59,351 BTC over that span, according to Galaxy Research.

Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists

Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average.

Has The Bitcoin Crash Ended After Falling Below $70,000?

Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this significant drop, citing BTC’s fragile price structure and persistent bearish factors in recent weeks.

BTC Exchange Price

$63,048.00  +0.40%

$61,394.00 Low High $64,353.00

$1.26T Market Cap

$57.71B Total Volume (4.57%)

$126,080 All Time High -49.99%

until new daily candle